Tuesday, 8 August 2017

EPIC RESEARCH MCX SILVER UPDATE OF 08 AUGUST 2017

Silver trading range for the day is 36748-37644. Silver settled flat ahead to a busy week of economic data, including monthly inflation indicators, for further clues on the timing of the next Fed rate hike.A report released by the Federal Reserve showed consumer credit in the U.S. increased by less than expected in the month of June.This week's calendar also features reports on JOLTS job openings, nonfarm productivity and unit labor costs, producer prices as well as weekly jobless claims.

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